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Prepayments and other receivables (Tables)
12 Months Ended
Dec. 31, 2024
Prepayments and other receivables  
Schedule of Prepayments and other receivables

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Amounts in US$ '000

   

2024

   

2023

V.A.T.

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3,734

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4,310

Income tax payments in advance

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1,112

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3,685

Other prepaid taxes

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227

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23

To be recovered from co-venturers (Note 34)

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9,740

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8,630

Prepayments and other receivables

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13,484

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12,311

Advanced payment for business transaction in Argentina (a)

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54,084

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—

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82,381

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28,959

Classified as follows:

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Current

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79,731

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25,896

Non-current

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2,650

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3,063

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82,381

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28,959

(a)This advanced payment was composed of US$ 38,000,000 for the acquisition of working interests in four unconventional blocks and US$ 16,084,000 for the acquisition of midstream capacity. See Note 35.1.
Schedule of Movements on the Group Provision for Impairment

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Amounts in US$ '000

   

2024

   

2023

At January 1

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18

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14

Foreign exchange gain (loss)

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(2)

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4

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16

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18

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